Graduates receive City financial jobs boost

Graduates receive City financial jobs boost The number of vacancies at financial services firms in London improved dramatically in April, according to a new study.

In news which will interest graduate job hunters, Powerchex claimed that there were 87 per cent more available positions in the sector on a year-on-year basis last month.

Furthermore, the pre-employment screening firm found that the figure for April represented a monthly improvement of 12 per cent.

Insurance and hedge fund job vacancies both showed year-on-year rises of more than 100 per cent, while opportunities in investment banking rose by over 200 per cent.

However, Alexandra Kelly, a director at Powerchex, was quick to warn that the figures are a "phenomenon specific to the city of London and financial services in particular".

"We are comparing this to the very depths of the recession and recruitment activity still has a little way to go to match its pre-recession levels," she said.

Major Players claimed recently that the number of job briefs in the UK PR sector increased by 210 per cent on a quarterly basis in the first three months of 2010.ADNFCR-834-ID-19799101-ADNFCR

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